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Mary Schapiro, chairman of the Securities and Exchange Commission, said the recent election, which shifted control of the U.S. House to Republicans, likely won't affect her agency's efforts to implement the Dodd-Frank Act. "The law's passed," she said. "And while it could change, obviously, until it does, we have a responsibility to implement the law as it was passed." Schapiro said the SEC has "a long list" of priorities but acknowledged that one area of great concern is the circuit breakers that were implemented after the May 6 "flash crash." The program for preventing a repeat of the market plunge ends Dec. 10.

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Mary Schapiro, chairman of the Securities and Exchange Commission, said the recent election, which shifted control of the U.S. House to Republicans, likely won't affect her agency's efforts to implement the Dodd-Frank Act. "The law's passed," she said. "And while it could change, obviously, until it does, we have a responsibility to implement the law as it was passed." Ms. Schapiro said the SEC has "a long list" of priorities, but she acknowledged that one area of great concern is the circuit breakers that were implemented after the May 6 "flash crash." The program for preventing a repeat of the market plunge ends Dec. 10.

Mary Schapiro, chairman of the Securities and Exchange Commission, said the recent election, which shifted control of the U.S. House to Republicans, likely won't affect her agency's efforts to implement the Dodd-Frank Act. "The law's passed," she said. "And while it could change, obviously, until it does, we have a responsibility to implement the law as it was passed." Schapiro said the SEC has "a long list" of priorities but acknowledged that one area of great concern is the circuit breakers that were implemented after the May 6 "flash crash." The program for preventing a repeat of the market plunge ends Dec. 10.

Mary Schapiro, chairman of the Securities and Exchange Commission, said the recent election, which shifted control of the U.S. House to Republicans, likely won't affect her agency's efforts to implement the Dodd-Frank Act. "The law's passed," she said. "And while it could change, obviously, until it does, we have a responsibility to implement the law as it was passed." Schapiro said the SEC has "a long list" of priorities but acknowledged that one area of great concern is the circuit breakers that were implemented after the May 6 "flash crash." The program for preventing a repeat of the market plunge ends Dec. 10.

Mary Schapiro, chairman of the Securities and Exchange Commission, said the agency is considering rules for high-frequency traders amid concern that they might have triggered the May 6 "flash crash." Schapiro said the SEC is looking into whether such traders should be obligated to make trades to preserve liquidity. "Some could argue that May 6 was an aberration -- another perfect storm -- and now that it has passed markets have naturally adapted leaving no need for a comprehensive review of our market structure," Schapiro said. "I disagree." Secure your place to hear Schapiro speak at the SIFMA Annual Meeting.

Mary Schapiro, chairman of the Securities and Exchange Commission, said the agency is considering new rules for high-frequency traders amid concerns that they may have triggered the May 6 "flash crash." Schapiro said the SEC is looking into whether such traders should be obligated to make trades to preserve liquidity. "Some could argue that May 6 was an aberration -- another perfect storm -- and now that it has passed markets have naturally adapted leaving no need for a comprehensive review of our market structure," Schapiro said. "I disagree."